The Global Risks report published by the World Economic Forum presents an astonishing risks interconnection map. It clearly reveals how all global risks are interrelated and interwoven, so that economic, environmental, geopolitical, social and technological risks are hugely interdependent.
A crisis in one area will quickly lead to a crisis in other areas. The interconnection and complexity in this map compared, to our surprise, at the impact and speed of the recent financial crises illustrates the discord that exists in all systems we’ve built and shows just how disconnected we’ve become.
Humanity’s attempts at managing these systems are fragmented and simplistic and not up to the challenges that we face today.
Dave Sherman, PhD
Business strategist, sustainability expert
Source: Global Risks 2012: Seventh Edition.